Toyota Incentives Will Probably Continue Until August
Bad news keeps rolling in for Toyota. The latest setback is the recall of 600,000 Sienna minivans due to a fault that could lead to the spare tire falling off.
Toyota can't seem to get a break lately, but don't feel too bad because Toyota's misfortune is nothing but good news for car shoppers looking for a great deal.
Industry analyts are predicting Toyota will continue or even increase their incentives until at least August. The current 0% financing and lease deals are set to end May 3.
Some even think the incentives will be extended to the Lexus brand to offset bad publicity surrounding the Lexus GX 460 safety issue.
If you're considering buying a Toyota and are afraid the incentives will go away next month, chances are they will probably continue for a few more months.
My Recommendation for Car ShoppersTrueCar, Edmunds, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
California Residents - Important:There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.
- Gregg Fidan
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About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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